BSA/AML Compliance Risk Supervising Examiner

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies.

You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person.

Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What We Do:

The Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District.

The objectives of supervision are to:


* Evaluate and promote the overall safety and soundness of supervised institutions;


* Ensure supervised institutions’ compliance with relevant laws and regulations, including consumer protection;


* Facilitate the stability of the financial system of the United States; and


* Support the growth and stability of the U.S.

economy.

Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy and risk matters.

Supervision is coordinated with other US agencies.

The Large Institution Supervision Coordinating Committee (LISCC) Program function is responsible for executing the LISCC supervisory program (covering Capital, Governance and Controls, Liquidity, Recovery and Resolution Planning, and Monitoring and Analysis) for domestic global systemically important banks (G-SIBs).  This supervision is accomplished through close coordination and in partnership with LISCC Dedicated Supervisory Teams (LISCC - DST) assigned to supervise individual firms, other Group business leaders, as well as LISCC leadership at the Board of Governors and other Federal Reserve Banks.

Within the LISCC Governance and Controls Program, the Compliance Risk horizontal team supervises the legal and compliance infrastructures of the largest financial institutions under the Federal Reserve System’s (FRS) supervision.

The Compliance Risk horizontal team evaluates the compliance risks presented by the relevant supervised firm's business models and the adequacy of the compliance control framework for addressing such risks.

In addition to participating in and leading compliance examinations of supervised financial institutions, the team contributes to other examination, analytical, and policy work in collaboration with senior supervisors and FRS management, legal staff, and policymakers across agencies.

Your role as BSA/AML Compliance Risk Supervising Examiner:


* Lead large scope supervisory activities including monitoring, exams, and spe...